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Sheppard Mullin Richter Hampton LLP Document Search Results (336) Show: results per page Sort by:  | Bankrupt Municipality May Reduce Retiree Benefits
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 12, 2013, previously published on March 8, 2013 The bankruptcy of the largest U.S. city to file a chapter 9 bankruptcy petition has yielded a decision with serious implications for municipal creditors. Specifically, the United States Bankruptcy Court for the Eastern District of California overruled the objections asserted by retired employees of...
| | 9th Circuit Applies Dukes v. Wal-Mart to a Wage/Hour Class Action
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 11, 2013, previously published on March 6, 2013 On March 4, 2013 the Ninth Circuit issued a second opinion in the action, Wang v. Chinese Daily News (Wang II), in which it reversed the class certification it had previously affirmed and remanded the matter for further consideration of Rule 23(a) commonality and Rule 23(b)(3) predominance. The...
| | United States Supreme Court Declines to Apply the "Discovery Rule" to Extend the Five-Year Statute of Limitations for SEC Punitive Fraud Enforcement Actions
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 11, 2013, previously published on March 6, 2013 In Gabelli v. Securities & Exchange Commission, No. 11-1274, 2013 WL 691002 (U.S. Feb. 27, 2013), the United States Supreme Court, in a unanimous opinion by Chief Justice Roberts, held that the five-year statute of limitations for the Securities & Exchange Commission (“SEC”) to...
| | United States Supreme Court Holds that Class Action Securities Fraud Plaintiffs Need Not Prove the Materiality of the Alleged False Statements or Omissions to Support Certification of a Class, Resolving Circuit Split
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 11, 2013, previously published on March 7, 2013 In Amgen Inc. v. Connecticut Retirement Plans & Trust Funds, No. 11-1085, --- WL ------ (U.S. Feb. 27, 2013), the United States Supreme Court affirmed the decision of the United States Court of Appeals for the Ninth Circuit holding that a securities fraud plaintiff need not prove that the...
| | California Supreme Court Resolves Court of Appeal Split, Holding that Section 2010 of the California Corporations Code -- California's "Survival Statute" -- Does Not Apply to Foreign Corporations
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 11, 2013, previously published on February 27, 2013 In Greb v. Diamond Int’l Corp., 2013 WL 628328 (Cal. Feb. 21, 2013), the California Supreme Court unequivocally and unanimously laid to rest the assertion that dissolved foreign corporations may be sued in California after the time of the statute of limitations provided by the laws under...
| | Third Circuit Reinforces Limits to Directors' Exposure for Misconduct by Corporate Employees
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 11, 2013, previously published on March 7, 2013 In Belmont v. MB Investment Partners, Inc., No. 12-1580, 2013 WL 646344 (3d Cir. Feb. 22, 2013), the United States Court of Appeals for the Third Circuit held that a mere failure by corporate directors to oversee enforcement of compliance protocols which, if properly enforced, might have led to the...
| | In-FUR-mation Update: New FTC Enforcement Policy for Retailers
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 8, 2013, previously published on March 5, 2013 Fur was a number one pick this winter season, as seen in magazine editorials, designer ads and fashion shows, showcasing its popularity in collections around the world. Whether jacket, purse, parka or boots, the Federal Trade Commission (“FTC”) mandates that all fur products within its...
| | Pilot Development of Cross-border RMB Loans in Qianhai District
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 8, 2013, previously published on March 5, 2013 The first batch of cross-border RMB loan agreements were signed on January 28, 2013. A total of 15 lenders, including HSBC Holding Plc and Industrial & Commercial Banks of China (Asia) Ltd., will provide about RMB 2 billion ($321 million) of cross-border RMB loans to companies in Qianhai (a...
| | Supreme Court Issues Judicial Interpretation to Define Foreign-Related Civil Relationships
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 7, 2013, previously published on February 21, 2013 The People’s Supreme Court issued a Judicial Interpretation on December 28, 2012, made effective on January 7, 2013, regarding the application of the Law of the People's Republic of China on Application of Laws to Foreign-Related Civil Relationships (the “Law on Application of...
| | N.J. Legislature Introduces Legislation Imposing Restrictions on Pre-Employment Inquiries into Criminal History of Applicants
Sheppard Mullin Richter Hampton LLP;
Legal Alert/Article March 7, 2013, previously published on March 4, 2013 In February 2013, identical bills aimed at reducing pre-employment discrimination against individuals with criminal histories were introduced in the New Jersey Senate and the New Jersey Assembly (S2586 and A3837). Both bills proposed the adoption of the Opportunity to Compete Act (the...
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